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i speak for all of us, our deepest condolences to the family. up next, john roberts sitting in for anderson cooper. >>> thanks, wolf. tonight, separating health reform fact from fear and a town hall meeting with a big difference. president obama. he attended one today in new hampshire and a guy outside packing heat, carrying a sign calling in so many words for death to tirades. the quotation of thomas jefferson. out in the open, a handgun. meantime, at the office of georgia congressman david scott who took on protesters the other day, someone painted a swastika out front. as you will see in a moment, anger at town halls across the country. that said, there were moments of clarity and we help to add some of our own tonight. first, president obama at por portsmouth high school in new hampshire in his own words. >> i don't think anyone should be in charge of your health care decisions but you and your doctor. i don't think government bureaucrats should be meddling but i also don't think insurance company bureaucrats should be meddling. that's the health care system i believe in
of you coming here and give us such a good speech in the middle of the summer. my question would be addressing the china case. based on the panelists' observation of the president's limited record on trade policy, what kind of -- do you think -- what kind of decision do you think the president is going to make on this case? do you think he's going to grant the remedy on this case and why? >> okay. guys, we're away from big principles right to the nitty-gritty. who would like this? >> if i had to guess, i would guess that there is someremedy. but it's really hard. and here's why. i could tell you a story that goes in neither direction. i could say well, they faced a similar conflict when it came to the name china as a currency manipulator. it was repeated, and it was the same conflict between the -- what the chinese government clearly wanted, and he opted to net -- not name china of currency manipulator in april. on the one hand, if you could say that that is really telling us where they're true preferences log. again, they will face similar choices. or you could say that put them
to passengers' rights? want to hear from you on that, any topic, 1-877-tell-hln. e-mail us cnn.com/primenews. and you can text us at hlntv, just start your message with the word prime. it's your chance to be heard. -- captions by vitac -- www.vitac.com >>> i can't get over that plane story. i'm mike galanos. this is "prime news." big news in the michael jackson death investigation. more than a dozen cops, including federal drug agents, executed a search warrant this morning at a pharmacy in las vegas. it's part of the follow-up of the searches of the clinic of dr. conrad murray. just yesterday we learned the toxicology report is complete. but the cause of death still top-secret. well, could this investigation be close to an end. could an arrest come sometime soon. we'll take your calls, 1-877-tell-hln's the number. joining us to talk about it, ted rowlands. jim moret, chief correspondent "inside edition." and also joining us, don clark, former fbi special agent in charge. ted, let's start with you. again, ted on this one since day one. what are they looking for at this pharmacy
in treatment and a lot of the advances in pharmaceuticals, come from the u.s. paying so much money, and if the u.s. creates a new system, how is it that those types of extremely advanced pharmaceutical development to get paid for? how do the canadian citizens pay for it when they go to the mikheil clinic, for instance? i think the states might be better this -- when they go to the mayo clinic, for instance? the cutting edge of medicine, how will that get paid for? >> well, i agree that u.s. institutions in the united states that are top notch, that are the top of the world, the mayo clinic and some of them, and you need to keep that, because it is very important research, and you are doing some things that we are not doing in canada, but if the canadian citizens want to go to the mayo clinic, they have to pay out of their pockets to do that because it is not covered, or, at least, the park that would be covered is very small compared to the real cost, so people are paying out of their pockets if they want to have that, he but these are four very specific things that could not be do
by the previous administration and previous congress that was not paid for at all. >> why have you not used the bully pulpit to chastise congress for having two systems of health care, one for all of us and one for them? >> if we don't have health care reform, the gap between what congress gets and what ordinary americans get will continue to be as wide as it is right now. >> president obama this afternoon in new hampshire. the tone entirely civil. not the case this morning in lebanon, pennsylvania, where now democratic senator arlen specter got an earful. >> you want to be led out of here, you are welcome to go. but wait a minute. now wait a minute. now wait a minute. >> you have awakened a sleeping giant. we are tired of this. this is why everybody in this room is so ticked off. what are you going to do to restore this country back to what our founders created according to the constitution? >> it wasn't the only heat directed at senator specter in lebanon. he did, however, soldier on, holding another town hall in lewisbu lewisburg, where the tone improved. somewhat. we sent "360's" gary t
into spotsylvania county. anon cctwastn ios scheduled to begin next summer. transportation officials tell us they are putting the plan on hold now because of financial concerns about how to pay for the roads. as well as opposition from some local governments about the impact that they will have on traffic. meanwhile, a reminder for drivers in our area that the school year is just around the corner and that means more cars out on the roads. aaa reminds us to warn drivers to start slowing down now. classes start as early as next week for students in the district. that means slowing down to 15 miles per hour in school zones in d.c. and in maryland, motorists should be aware of the speed camera program that will expand statewide this october. currently only montgomery county us speed cams in school zones and near school property. >> with less an week before school opens in the district, city health officials are stepping up efforts to make sure students have all their require shots. special clinics will be open later this week. tom sherwood joins us with a story. tom? >> the city is doing a lot
in the u.s. surpassing credit card transactions for the first time ever. but as stephanie dhue reports, for consumers, the trend has its pluses and minuses. >> reporter: josh clark is among the increasing number of americans who are choosing debit over credit. he made the switch three months ago, after maxing out his credit card while starting a designer jean business. >> i realized if i put something on my credit card, i'm going to be paying interest on it until i can fully repay it. >> reporter: tight credit is also encouraging more debit card use. and consumers are using it to manage their money. clark says it helps him control spending. >> i check my bank account more frequently than i check my credit card account, so i'm more in tune with how much money i have to spend. >> reporter: as debit card use surpasses credit cards that presents new challenges for both consumers and regulators. debit cards come with fewer built-in protections. consumer advocate ed mierzwinski warns in the case of a lost or stolen card number, the debit card holder can be on the hook for much more than if a
for a road map, they might find it in massachusetts. jim acosta is joining us in boston this morning. looking today at massachusetts health care system. this was implemented in former governor mitt romney. >> that's right. of all thing, a republican. and you know, john, earlier this week, the white house took a lot of heat from democrats when it backed away from public option and the plans for health care reform. what do you get when you take the public option out of health care reform, according to some experts, you get romney care. >> reporter: if washington wants to reform health care with bipartisan support, consider what former republican presidential candidate mitt romney did as governor in democratic massachusetts. >> you don't have to have a public option. you don't have to have the government in the insurance business to make it work. >> three years after enacting its own version of reform, massachusetts now has near universal coverage. taxpayer watchdogs say it's affordable. >> the wide spread assumption that is breaking the bank in massachusetts. it's not breaking the bank at all.
the judge's nomination to the u.s. supreme court today. >>> also, pakistan's lost boy. they say the taliban stole him from their families and forced them to train for terror. hello to you all, glad you could be here. i'm t.j. holmes sitting in for my good friend tony harris. you are in the "cnn newsroom." >>> the former president clinton hopes to bring two jailed journalists home with him. elaine quijano is on the story with us at the white house and jill doherty joining us, as well. elaine, i want to start with you here. we've been hearing a lot coming out of there and a lot of this information, we can't confirm since our reporters aren't necessarily traveling and a lot of people didn't know about this trip. president clinton was carrying a message from the current president obama. what are you hearing from the white house on that? not the case. >> yeah, t.j., the white house flatly denies that. last hour at the press gaggle, basically, and secretary robert gibbs office he was asked about this. was there a message that former president clinton, because of this report, was there was a messa
and prayers for me and my family. because of all that is going on, i'm afraid to return phone calls or use my e-mail. therefore, i recorded this video to let all of you know that i have been receiving your messages. i have not been able to thank you personally, which as you know, is not normal for me. your messages give me strength and courage, and keep me going. they mean the world to me. please don't worry. as long as i keep god in my heart and you in my life, i will be fine. i have done all i can do. i told the truth and i have faith the truth will prevail. god bless you, and thank you. >> all right. want to hear from you on this. taking your calls at 1-877-tell hln. back with us to talk about this statement, jim moray, chief correspondent, inside edition and ann bremner. ann also sat in on michael jackson's molestation trial. jim, what do you make of this? first public comments and this is what we get. what are your thoughts here? >> well, it's a public comment but he really didn't say anything. he seems to be more of a public relations issue than anything that carries legal weight. he sa
from the top u.s. commander there. >>> and a big drag for a suspected robber who led police on a three-mile chase. they ended up chasing him not just to catch him but to save him. >>> i'm chuck roberts. welcome on a monday hln "news and views." diver are scouring the water for the two remaining victims of saturday's crash of a sight-seeing helicopter and a small fixed wing plane. that crash killed a total of nine people and this morning divers working in near zero visibility say they think they located the plane. they say they hope to pull it out of the water today. most of the chopper was plucked yesterday and the ntsb says it was close to intact. alert witnesses on both shores, the new york and new jersey sides of the river, caught the crash on their cameras. and the ntsb says their quick action is helping them piece together exactly what happened. >> we've had some very good information from eyewitnesses. we have some footage, some pictures that you all have seen that shows immediately after the collision some of the break-up sequence and the two aircraft actually falling towards th
morning, obviously, ann thompson of cnbc in hyannis port bringing us the news. john harwood is our chief washington correspondent and joins us in d.c. today. john, people are going to immediately turn, at least in the business world, to try and answer questions about what this means for the liberal agenda, business policy going forward. do you see any effects in the short to medium term? >> i doubt it, carl. you know, ted kennedy is, as that statement from barack obama said, the foremost legislator of this time. his career had incredible impact for decades. his family had an even greater impact for an even longer period of time. he's one of 60 votes in the senate. there are many like-minded senators. there are strong committee chairs trying to move health legislation and i think democrats will try to use the emotie emotional bounce and umph from this moment and the grief people are feeling to try to propel this initiative forward. but i don't see a very, very large impact in the short-term or the medium term. democrats are going to end up with another senator from massachusetts, whenever
developments on the interrogation tactics used by cia on suspected terrorists. investigation by cia's own inspector general will be released today. it's a report concealed for five years but a federal court just ordered it released. elaine is live, what do we know about the findings of this report. >> the cia report is expected to be released today but new details are already emerging. >>> in separate incidents cia interrogators threatened the man suspected of plotting the deadly bombing of the uss cole. according to knowledge sources familiar with the 2004 cia report. sources confirm one interrogation session involved a gun. another an electric drill. both meant to scare the al qaeda prisoner into giving up information. newsweek reports mock executions were staged, including one where a gun was fired in a room next to a detainee to make him believe another prisoner had been killed. the american civil liberties union, which sued to get the cia report released, called the tactics under the bush administration not only reprehensible but illegal and said the american public has a right to kn
have been griping about some time. derek ward joins us live with the story. d derek? >> four people were injured before 4:00 p.m. three victims lived down the street. they have all been hospitalized including a 12-year-old fighting for his life. police say the vw passat driver and three passengers was stopped at ridge road and morning star drive. the driver, 20-year-old kapur was northbound attempting to make a left turn on to morningstar when the ford work truck came up from behind. after the in pact both vehicles ended up beyond the intersection in the southbound lane. >> we're fortunate that somebody traveling in the other direction didn't become involved in this collision. >> it's sad. very sad. crying. the driver was crying. >> residents of the community say sadly not the first serious accident here. >> three accidents here within the last two years. and two buses over there have not. this year. and we have one a couple years ago. >> those with driveways who faced the heavily traveled road say it can be a frightening experience coming and going. >> near misses every time. you t
his totus when he's introducing for the scotus. he uses the cbo, gives the dpop something to talk about and dnc tropes out a prdvd saying the seiu and ama support the plan has does phrma. aarp say they haven't endorsed the obama plan, but here at fnc we have their ad, sure looked like it. and meanwhile, will the fbi have to investigate, if the e-mail sent by potus were in violation of the pra. it may take an foia request to find out and the secretary of hhs stirred up things in the msn about the public option. of course afl-cio and ocrn have been trying to pack halls because they were mia until they got told to rally. and you know what? i'm thinking omg, i'm lol. because this whole thing is a big m-e-s-s. about the president's guarantee work? stay tuned to fnc, you can find out. that's my view and love to hear yours, and you can contact me at mike huckabee.com. when you do, click on to the fox news feedback section and there you'll find some information on how to contact your congress members and senators. well, my first guest says america's health care situation won't be fixed un
by a shark. the rescuer joining us live. our slogan this hour comes from ray in north carolina. ray says, forget the rest. when it comes to news, "fox & friends" is simply the best. [captioning made possible by fox news channel] captioned by the national captioning institute --www.ncicap.org-- gretchen: good morning, everyone. we hope had you great weekend. brian is taking a little time off and peter johnson jr. is sitting in his seat. good to have you with us. peter: nice to be here. gretchen: maybe you checked out the news over the weekend. maybe you paid attention to this one. taxes are coming to everyone's way now? could it be true? after obama pledged that everyone who made under $250,000 would not feel the tax hike. timothy geithner on the talk show says middle class, you may be hit. >> the president has said the taxes won't go up for any americans earning under $250,000. doesn't appear is he going to be able to keep that promise to bring the deficits counsel down. >> we can't make those judgments what it's going to take and how it's going to be there. what it's going to take no on
for bringing us the breaking story. >>> several kids are recovering from minor injurieses. the bus hit an suv around 10:30 this morning at intersection of maple road west and courthouse road. the young students all between the ages of 5 and 7 were participating a fairfax county summer program. five of the kids were taken to the hospital. police are citing the suv 18-year-old for failing to yield. >>> chaos inside a pittsburgh health club. fourtdasig l n ihtnie d a last o ootingidens ie l.a. l.a. fitness club .ub pocepo say 48ear-old george sodini is the one who opened fire there. he killed three women and injured nine others before turning the gun on himself. the police now say the attack appeared to be carefully planned. >> he had practice runs at the l.a. fitness center. he had been there before. yesterday it showed he was there three times starting at 11:40 something in the morning. >>> they say last night's shooting wasn't his first attempt to attack the jim. >>> three frederick county teenagers have been charged with vandalizing the football field. police say they have admitted to burnin
owner. jackie benson joins us live with detail jackie? >> the victim has been identified by police as 44-year-old of silver spring. he is believed to be the owner of the pizza business. the murder discovered 1:00 p.m. when d.c. police officers were called to check on the welfare of an employee at pizza mart. 4th and adam street in edgewood neighborhood. police say the business was locked up when they arrived. the first responding officers had to force their way in. it appears the man may have been killed the previous evening. >> we received a call 1:00. we do know it was open on a midnight shift last night. the last information we have. >> homicide detectives blanketed the area looking for information. the business has been for sale for some time. edgewood community activist call the crime tragic and set back for a changing neighborhood. >> it is horrific to live like this. that's what people are going to say. >> we have had violence many years. and this struck us hard to the core. to have, assassinations like this, it's going on. pizza mart customers we spoke to say they're saddened by
's rick santelli joins us now with a look inside the bond market. rick? >> thank you, tiler. it was a big up price down yield day for treasuries in response to the softness in the equity markets. as you look at this intraday chart of ten-year note yields, it's interesting to see. but what is really interesting is the five-year, the mid part of the curve led the drop in dwreelds and the buying that was going on by investors nationally, and globally. it had a sense of. but the ten-year by the end of the day, when equities had no bounce to put forth, did play catch-up and ended up ten basis points lower. the next chart, a couple months, you can see these lowest yields in about a month, july 13th, a month plus. now, the dollar was also part of the safety game today. as a matter of fact, for two reasons. on the one hand, the china story, lower equities. definitely puts a question mark in some of the aggressiveness or the future aggressive possibilities for commodities. so the tail wagging the dog, commodities, dollar denominee commodities moving down. but the dollar in and of itself is a safe
teaching you all of the tricks uses to pick out and trade them like a pro, which i used to be. let's get rolling. one of the easiest ways to identify potential cramer names, names we like in cramerica, stocks that could but not necessarily always end up on the show is by watching a sainted group of stocks, a sainted group of stocks called the new high list. >> moo! >> stocks called the new high list. stocks on that list, the highest of the high, obviously have to have something going for them. either they're part of a major bull market. >> moo. >> -- or the individual stocks themselves have serious momentum. >> buy, buy, buy! >> no matter how they get there, most of the stocks on the new high list keep going higher. that's the thing about the market, it's not that hard to play once you understand that there's more continuity than change. more continuity the stocks go up than change. things keep going the way they were, object in motion. unless something radical changes, they're going to keep going that way. it's you that have to alter your course. but i don't just pluck names off of the
in the context of the strategies that were used relative to how we were handling ourselves. maybe these assimilations. in my view, it misses the mark. maybe there is a real world activity so that we learn what those are. in the national context, shouldn't we having national receiver that is not simulated which creates that same understanding between the public and private sector. >> so, where damage can truly be done. >> . when one of the military were games that they decided there were born to put cyber egan, -- going to put cyber in. the disabled the ability of the military to carry out its mission. they had to turn off the cyber thing. that is a big lesson. >> what has defense been doing? >> we have not, in the last two years, we have been observers to some of the department of defense gains. our focus has been getting this program moving forward from an operational standpoint. we expect that with the relationship that we have, we will be able to take our infrastructure and put it into the department of defense on the national level. we have offered up of. on a daily basis, we
market. they are driving the turn towards economic recovery. let us give them c. as for today's job market reports, this came in at minus 247,000 jobs there. was a 43,000 improved revision from the prior two months but the whole total beat the street consensus of $300,0300,000 loss. is it possible cash for clunkers is helping with manufacturing hours? we may see the first positive production report out in a couple days, this july, be the first positive one since last october. but in truth there, are negatives, i want to be balanced. the labor force is still shrinking, that is not good. jobs are still dropping, that is not good. i don't think today's 9.4% unemployment rate is going to hold as the peak. former labor secretary robert reich and last night's bullish jobs man joe lavorgne will hash all this out in a little while. let me again underscore my take on the new bull market and the turning point towards economic rebound. these are transformational issues that are changing the investment and business landscape. as for investors out there, you have earned a wee bit of optimism aft
on detainee tactics. one of the headlines this morning says that the cia used a gun and a power drill to threaten duties. we want to get your reaction this morning. -- to threaten detainee's. in the paper this morning, reporting on this story -- here is the headline. it says a bush officials filed the charges over tactics in this terror case. the reporters with their leaves say that a cia officer who allegedly used a gun to intimidate it captured al qaeda suspect was formally disciplined for violating the agency's rules for conducting interrogations', but the bush administration justice department officials ultimately declined to file charges against him, according to two former intelligence officers familiar with the case. this is in "the washington post" today. there are a lot of related stories in the papers today. in this particular case they write that the cia officer eventually resigned. this was confirmed yesterday. inspector general's report which is slated to be released in the classified form tomorrow. the first call on all of this -- todd on the independent line. caller: he
correspondent chuck todd will join us. but right up front, susan page, washington bureau chief for "usa today." you write the big stories for the people. thank you for joining us on television. you should be on television. the "usa today" is right there on every hotel doorstep. >> you can buy it at newsstands. >> i know, too. you always sell here. let me ask you what do you make of the president's optimistic tone? let's watch the president today around 1:00 in the afternoon east coast time talking up the economy for the first time in a while. >> we're pointed in the right direction. we're losing jobs at less than half the rate we were when i took office. we've pulled the financial system back from the brink and a rising market is restoring value to those 401(k)s that are the foundation of a secure retirement. >> susan, i guess he's getting to the heart of what people are worried about. somebody once said to me a while ago what his opposition will be offering in the next election next year is we'll give it to you back. whatever you lost in the stock market the last couple years, whatever you l
leading to the largest u.s. base in the country. the suicide attack killed at least three civilians and set several vehicles on fire. nbc's chief foreign correspondent richard engel is in afghanistan and brings us the very latest. richard, what can you tell us? >> reporter: mika, i'm at the scene of that blast right now. it is on the eastern edge of kabul. it is apparently a british military convoy targeted by the taliban. the taliban has claimed responsibility for the attack. right now i've been seeing british miller vehicles going back and forth between nato bases and the site of the blast. there are many soldiers and police here pushing back the crowds, trying to create space. taliban has said it would carry out a series of attacks leading up to elections on thursday. so far they have been doing just that. >> all right. richard engel. thanks very much. >>> in other news this morning, federal prosecutors say a federal government informant is behind the largest case of cyber crime ever prosecuted in u.s. history. albert gonzalez, along with two russian accomplices allegedly hacked
. joining us now the director of the north korea studies. good morning. >> good morning. thank you for having me here. >> the release now of the two american journalists, what message should we derive from this? >> i think we should see this mission for what it was, a narrowly defined mission to bring the two journalists back. despite the 3 hour conversation with kim jong-il, and i'm sure much was discussed, but in terms of perhaps carrots or promised to be made if north korea came back tothe discussion table, i think that remains to be seen. but we'll know that in the next few days. >> looking at the pictures sitting around that negotiating table. one does have to wonder what possibly -- what could the talks have centered around and you say this should become public knowledge but yet we didn't really know that president clinton was even headed to the area. do you think that we will ever find out what happened out of those talks? >> i believe so. because the press reports now show that quite a bit of a number of people have been involved in the discussion with the north koreans, th
tomorrow. for all of us, we thank you for watching. good night from new york. coming up next, "campbell brown." >>> tonight, here are the questions we want answers. who's telling the truth and who is telling lies when it comes to health care reform? >>> we're cutting through the noise to get to the facts. plus tonight's news maker, michael jackson's doctor. he was with him when he died and could now face criminal charges. he is finally breaking his silence. >> i have done all i could do. i told the truth, and i have faith the truth will prevail. >>> reality bites, richard hatch, one survivor ended up in prison and survived. but now says he's broke. we have his story. >>> and aliens and ufo sightings, the british government releases their secret x-files. >> either this happened as the witnesses claim and a ufo landed near the military bases or all these americans air force personnel were hallucinating or making it up. >> tonight's big question, will conspiracy theorys be put to rest once and for all? >>> hey, everybody. those are the big questions tonight. but we begin as we a
u.s. troops, and wounded three others. earlier today, seven people were killed, including two u.n. workers, when a suicide bomber targeted a convoy of british troops and two mortar rounds stuck near the presidential palace as the taliban tries to disrupt thursday's elections. >>> disturbing new details in the murders of byrd and melanie billings, the florida couple who adopted special needs children. newly released documents reveal their 10-year-old son was sleeping with his parents when masked gunmen burst in. in the boy's words, two bad men said, you are going to die, one, two and three. and a 9-year-old who was asleep in another room said he heard seven booms and a scream. eight suspects have been arrested in connection with the case. >>> a california grand jury has indicted sunday school teacher melissa huckaby for the kidnapping, rape and murder of 8-year-old sandra cantu, who disappeared in march. she could face the death penalty. huckaby's also charged with drugging a 7-year-old girl, and a 37-year-old man. >>> a computer program is accused of masterminding the biggest i.
i never used. these tools will help you craft and be a better blogger. it's not just actually creating this message, but it is the link ability to other information that actually make you a good blogger. so you can get content and you can't distribute content through all these methods. so when you are getting ready to blog, think about going out and looking at other peoples blogs, start looking at the wiki. maybe start crafting your blog in the wiki. and then also using twitter or any of these other micro- blogging tools to see what other people are talking about. what is hot, and maybe you have a response to that. and also see what people are talking about in the social networking tools. and i drew up a couple there that probably haven't heard of. made -- many you should know. and then your facebook connections and lincoln, those will also help you kind of idtify your audience, who you are connected d what kind of information they want to hear and what information you want to put out. and also for me, i used social bookmarks, delicious day, i use them all. i use those to kind
the recession will end this year, but the cost of getting us out of recession will be high. that's one reason our national debt is expected to now double in the next ten years. louise schiavone reports. >> reporter: the news about federal red ink is out and it's gloomy. the federal deficit is expected to register $1.6 trillion this year, a figure generally accepted by both the white house budget office and the nonpartisan congressional budget office. and although that's lower than january's forecast, it's still more than three times as high as last year's deficit. >> the government is borrowing 40 cents out of every dollar it's spending this year. you know, that's just -- that's off the charts. and unfortunately, this is happening at a time when we're about to experience significant long-term problems with the budget as the baby boomers retire. >> reporter: analysts agree that every year, those retirement costs, along with the exploding costs of medicare and medicaid, weigh every more heavily on the federal government. former cbo director rudy penner says however unpopular, the programs have
to hear a national radio hook up to hear fdr speak to them. what did that use of technology do for him? guest: it made him a national figure in ways no president had been before. it is hard not to imagine, but there had never been a time when the president before could really speak to the people and everybody heard the same thing at the same time. earlier presidents have done this, but we're just giving regular speeches that were put on the rea. he could really talk to someone in a tenement in new york city or in a form in montana. it was the beginning. we all know about that now. host: your enthusiasm is bubbling over and we can tell you had a lot of fun with this story. here is the book -- "fdr v. the constitution: the court-packing fight and the triumph of democracy." thanks to him for being with us, and for you for watching. have a great rest of the day. . . >> the impact of slowing medicare spending on its seniors. c-span2 is showing it live. president obama is talking to various groups about health care today. he will be a guest on a radio program this afternoon. we will have liv
much for joining us. we appreciate it. >> you bet. bye-bye. >> real quick let's take a look at the market here before we go. on the day we're up 44 points but that doesn't really tell the whole story because we started down pretty significantly on the day. we've had i atriple-digit snapback. we were above 9,600 a short time ago. tjx, which is t.j. maxx, hitting a 52-week high. i'm melissa francis in for erin burnett. i'll see you here tomorrow as well. up next is "the closing bell" with maria bartiromo. >> announcer: this is cnbc.com "news now." >>> the treasury -- sold $28 billion in seven-year notes. >>> a&e networks is buying lifetime entertainment for an undisclosed amount. the deal gives nbc universal a partner with disney and hearse in a&e, a stake in lifetime which is jointly owned by its two partners. >>> sanford financial cfo james davis has pleaded guilty to three felony counts for his role in the firm's alleged ponzi scheme. that's cnbc.com "news now." first in business worldwide. i'm julia boorstin. >>> and there's a live picture of the floor of the new york stoc
's market action. joining us to discuss that is scott wren, equity strategy with wells fargo, and mary jane rapp, with fifth third asset management. thanks to both of you for joining us. >> hi, melissa. >> hi, scott. let me start with you. what do you think about the rally today? >> i don't think it's very surprising. we've had a big move in a short period of time. i think what you've seen here over the last couple of weeks is we've broken through some technical levels. you've got a lot of people that really missed most if not all of this move. you've got traders jumping in. you've got professionals jumping in. you've got retail investors jumping in. and i think a pause here, we didn't see much of a downturn at all here. so i think the momentum at least in the very short term is still going to take us a bit higher. >> scott, you think a lot of people missed almost all of this move? you think there's a lot of money in the sidelines? >> i do. melissa, earlier when we moved up off the early march lows, my feeling was hey, we're not getting any chasers in here, there's not much money coming in
for health care reform. >> we keep getting the bull. that's all we get is bull. you can't tell us how you're going to pay for this. >> you are absolutely right that i can't cover another 46 million people for free. >> reporter: obama has been ramping up his fight for reform as opposition has been mounting on both sides of the debate. the plan to provide end-of-life counseling is being dropped from a senate version of the bill after conservatives like sarah palin said it would create so-called death panels. the topic came up between senators arlen specter and chuck grassley yesterday in a kind of twitter feud. specter writes "called senator grassley to tell him to stop spreading myths about health care reform and imaginary death panels. chuck grassley said "specter got it all wrong that i never used words death boards. even liberal press never accused me of that. so change your last tweet, arlen." white house spokesman robert gibbs this week said misinformation like this has put the administration on defense. >> one of the reasons we've pushed back is because of those misconceptions. have
>>> holding a hijacked ship off the coast of somalia. opened fire on a u.s. navy helicopter. >>> senator edward kennedy today began his final journey through the streets of a state that elected him to the u.s. senate nine times. good evening. i'm jim vance. >> i'm wendy rieger. doreen is off this evening. senator kennedy was taken from his family's home on cape cod to the jfk library in boston. he arrived late this afternoon. steve handelsman is in boston this evening to talk about this. >> reporter: good evening from the jfk library in boston where senator kennedy's coffin has arrived. been taken inside and nearly 100 members of the kennedy can't are paying their respects. when they come out, there is a big line of the general public here. one security officialed 1600. it could be many more than that. the line stretches off into the distance and thousands of others in this area have already paid their respects and as the senator's motorcade made its way here. senator edward kennedy began his final journey. his casket carried from the family's legendary home at hyannis port.
of the rangers and she joins us. >> reporter: wendy, local firefighters and forest rangers don't typically see the types of wildfires that are burning out of control in california but they say their skills can be used to fight any type of fire ithre whe with where th >> reporter: fes burned. >> reporter: forest ranger rick long spent two weeks in california hngorpiel to battle e wildfires raging there. these photographs depict the mag touched the blaze. >> the one day we were sit there and all that we've seen was just an air show. fire was making a really good significant runs and just had air tanker after air tanker after air tanker just coming in, waopping retardant, dropping r. orter: dispatched as part of a>>-p20n so teramlptehe o -h ba le the firehaast t h consumed tens of thousands of acres. the firefighters went to utah's big pole area and then to california for the assignment. they helped along the fire line, put out hotspots and conducted other tasks as the fire raged. >> it was a rush. adrenaline rush because you're seeing like all this much stuff happening so you're like this is r
're here at the entrance to arlington national cemetery. and high on the hill above us is arlington house. and it's just below that where the family, kennedy family grave site is located. and it's said that on the day after president kennedy was assassinated, jacqueline kennedy came here personally to the cemetery and selected that site. senator kennedy will be given a congressional funeral, and not a full state funeral as was his brother, president kennedy. but the only visible difference, brian, will be that senator kennedy will arrive in a motorcade, in a hearse, while president kennedy, of course, was borne to arlington cemetery on a horse-drawn caisson. once senator kennedy's body will arrive here at the grave site, it will look like the full-blown military ceremony, with a nine-member military casket team. there will be taps played and a three-round volley in a military rifle team. it is then after a brief ceremony with the former archbishop of washington, cardinal theodore mckerick, that senator kennedy will be laid to rest alongside his brothers, president kennedy and robert kenne
to report just before, as you said, the closing bell. it took all of us off guard, i can tell you that. but let's get right to these numbers because that 24 cents a share that dell is reporting does include pretax expenses of $87 million, or about 4 cents per share for "organizational effectiveness actions. of course we'll get more directions and color on exactly what that means. but that 24 cents in fact does beat by a penny the 23-cent estimate. also on better than expected revenue. as you were talking about last hour, maria, certainly that is the important metric here to see that sales are improving at this company. $12.8 billion against the 12.6 or 12.7 billion that wall street was anticipating. gross margins, 18.7%. good news there. let's break it out by business sector as well because that is going to help tell this story. large enterprise revenues, $3.3 billion, right in line with expectations. public revenue a little bit of aw disappointment here. this is part of the government contracts that the company enjoys. 3.8 billion versus the 4 billion that some on the street were anti
and doomsters no doubt professors who teach at nyu who see us bouncing is that rightly right from here, okay? and then headed down again. and then up again and then down again harder. budget our bust and -- bust our bug and raise taxes. this is the ultimate m downer. because what it says is nothing we do really works. it is a 1932 scenario that needs a word at the right of the letter to get things going again. war? not my department. what letter am i? you know what? it doesn't matter. i don't go by this letter nonsense. we need a diversified portfolio that is good for all letters. even the letter m. my portfolio encapsulates all of luvmw. if we're in the l word territory, that's the flat line after we come down, or you were given a gift from proctor and gamble today which wrongly brought down pepsi. along with it, pepsi got some great bottling deal that could add to next year's earning. the focus will no longer be when g or gatorade. it will be on bottling and snacks as it always should have. ask frito lay. the tenacious pursuit of the bottler by pepsi's terrific ceo should be rewarded. if w
clues on the u.s. employment picture and the overall economic growth. as for the markets this hour, europe starting the day in the black and u.s. equities are looking mixed as "squawk box" begins right now. >> good thursday morning. welcome to "squawk box" here on cnbc. i'm carl quintanilla along with mandy drury~ becky quick and joe kernen are out this morning. jim paulson and richard bernstein will be with us today. when we say we will probably like you to come in at 6:00 a.m., b it's probably like, excuse me? but it's great to have you guys with us today. we've got jobless claim at 8:30, economists looking for claims to drop by about 1,000 to 565. also at 8:30, revised second quarter gdp to negative 1.5 from the first reading of negative 1%. also, natural gas inventories, a treasury auction at seven-year notes. >>> the equifdiv voted 4 to 1 t ease tremendous restrictions from 10% from a prior proposal. meantime, this morning, the fdic's coffers are depleted. today, the fdic will disclose how much is left in its insurance fund and offer an update on the number of its banks on lis
-called reality check that the white house is using to try to counter some of the criticisms out there, kiran. >> we heard the president address it in his weekly radio address where he said, you know, don't listen to some of the misinformation out there. but other than that, we haven't had a reaction from the fireworks of the town hall meetings. any insight to what the president thinks about them. >> the president briefly talked about this yesterday in new mexico. look, it's a healthy thing to have a vigorous debate he believes necessary right now. he believes health care reform cannot wait. the president thinks it's not constructive, productive, when you have people outshouting or trying to outshout other people on town hall meetings on health care. he said in the long run that doesn't do anything to help nip or further the debate. >> thank you so much. >>> democratic lawmakers have been hitting a wall of opposition trying to pitch the health care plan. town hall meetings across the country turning to shouting matches. they're afraid of losing what they have now and what they might have if t
capital money markets. bill, good to have you with sglusz good morning. >> i'm not sure whether he used the word particularly business pertaining to business in china or used the word strong. either way, is that something significant or something that, hey, it's stimulus related, you kind of discount it? >> i think there's two things. one other thing you like to hear from hewlett is that they're doing well overseas because you have local brands. the good news out of china is good for hewlett. we thought it was good overall. we think there's some execution, some execution positives built into that as well. >> so you have faith in management, with we should buy the stock? >> yes. we say that going into earnings. longer term, we do believe in the story, we do believe in the stock as well. the stabilizing demand is confirmation that investors were looking for. we think they're very well positioned competitively in mumt the geographies and services test as well. we like the positions of each competitively. >> what about on the -- there's this issue with kind of individual versus companies. h
-- the fact that the kurds and the arabs in the northern part of iraq are mad at us is no reason to spend an additional tens of billions of dollars to referee that fight and reducing cold war weapons and cutting back -- i don't understand why a wealthy european nation allies have to have military budgets one-quarter of ours as a percentage. why they can't do more themselves. and that would generate enough money. i will say this, if we hadn't gone to the war in iraq, which i thought was a terrible mistake and voted against, we would have had more than enough to pay for healthcare. [applause] >> i was wondering, can you pledge to all of us here tonight that if a new government single-payer system is instituted that you will opt out of your cadillac insurance and into the same one that we will be forced to take? [applause] >> well, as i said before, first, unfortunately, there won't be a government single-payer and i would join it. secondly, i wasn't clear when i said -- i'm just curious do you really think that's thoughtful conversation. do you think that advances your argument? i thought y
havens is here with us. he'll perform his classic "freedom" which he improvised on the stage and we'll compare this seismic moment in american ka to the rock festivals hanging out with widespread panic and understanding the musical and cultural and economic legacy of woodstock. >> we begin with president obama making a big pitch out west to boost support for health care reform. rachel martin is in big sky montana this morning. good morning, rachel. >> reporter: -- about 5 miles away from bozeman where the president held his health care town hall meeting yesterday and while there was some tension, the event started out with hugs, handshakes, even some humor. >> here in montana you've got bears and moose and elk and in washington you just haveostly bull. >> reporter: words that moments later were thrown right back at the president as he tried to set the record straight on his plans for health care reform. >> we keep getting the bull is bull. you can't tell us how you're going to pay for this. >> you are absolutely right that i can't cover enough 46 million people for free. >> reporter
of customers. michael flynn joins us now with more on this story. >> it all ends monday. the tlooe $3 billion cash for clunkers rebate program is going to be ending monday and it is almost on empty. dealers still taking part in a program that are seeing even more customers trying to cash in. >> we need to do business now. and we did. >> reporter: george clark decided he had to put the pedal to the metal to get in on the cash for clunkers deal. he added his truck to the clunkers at the mall in gaithersburg and got a new car. >> i work at night. and i was -- i was driving along. i heard that the president made an address last night and he said that the program was going to end on monday. and i called my wife at 7:00 in the morning and just said we need to go. >> cusmers have been calling, trying to get the last of that money, trying to get in here and find out what they can do, what's left in inventory. >> reporter: the manager expect as rush of last minute clunker trade-ins this weekend adding to the mounds of paperwork workers are already pressed to finish. addison says he is confident the go
for us, and she joins us now with the latest. >> thanks a lot, pat and jim. yeah, for the last 2 1/2 months, the atlantic season has been awfully, awfully quiet. now we've got three. hurricane bill, of course, the first hurricane for 2009. could become a major hurricane by the end of the week. we'll keep our eyes on it. it's way out in the atlantic in the open waters and it is expected to intensify. not until saturday. bill might move closer to bermuda. then you've bought tropical depression anna. it's in the caribbean there. expected to make its move just south of hispaniola in cuba. and then finally we've got claudette. it made landfall this morning in the gulf of mexico, around ft. walton beach florida with gusty winds and rain. there you can see on the radar where most of the heaviest rains -- it's rather disjointed and disorganized now. the heaviest rains sitting off the coast. spots like alabama and western georgia getting lots of rain. meanwhile, kristen dahlgren has more. >> reporter: as claudette came ashore on the florida panhandle overnight, the storm left a wet wake-up
. back to you. >> tell us about the damage. was there any damage? and was there any warning for the people who lived there? >> reporter: yeah. you know, with less than 24 hours of it being named and it coming ashore, there wasn't a whole lot. even the papers here on sunday morning didn't have a lot of mention of the storm because they weren't thinking that it would strengthen so much. so they didn't have a lot of warning. not a bought of time to get redy. the good news is there wasn't a lot of damage. just some tree limbs down, some spotty power outages. and then a lot of rain. some places got upwards of six inches of rain. really no major damage. all of those people have had their power restored. >> kristen dahlgren, thank you. >>> let's check in with bob ryan up in storm center to get an idea of what's going on now. hi, bob. >> hi. we're still getting heavy rains. panama city, not much. but the rains still are coming into birmingham, alabama, and there's quite a bit of offshore, heavy rains. the circulation, it was really a minor, minor tropical system. it's now in eastern
boarding the plane long flight to l.a., arrive in l.a. tomorrow morning. joining us, three outstanding journalists. in new york, dan rather, the anchor and managing editor of "dan rather reports," the author of "meltdown," a former cnn senior asia correspondent, he's been to north korea 14 times, and in washington, jill dougherty, cnn's veteran foreign affairs correspondent. dan, on a personal note, close member of the lee family told me early this morning that they knew this was a done deal when clinton was on the way there. does that surprise you? >> no. because you don't move a big asset diplomatically such as bill clinton without it being clearly settled in advance that he's going to get what he's coming for. so that doesn't surprise me at all, larry. >> larry: do you think there was a quid pro quo here, dan? >> i don't know, larry, i think this could be a turning point in resuming some kind of dialogue with the north koreans. certainly i say this based on my own reporting, they certainly hope that it will be. as you noted and cnn has been reporting, the white house and the state d
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